World Perspectives
livestock

Livestock Roundup: Record Meat Exports and Congressional Review of Livestock

Exports are driving red meat demand. August export data was released yesterday, and beef shipments were $1.04 billion for the month (a record for any month), and pork exports were $634 million. Part of that was higher prices; August was only the second highest volume of the year for beef exports, despite the value record, May’s volume was larger. Nonetheless, those values were also driven by volume. Compared to August of last year, beef export value was up 55 percent, and volume was up 21 percent. For pork, export value was up 20 percent and volume was up 4 percent, and for the year to date, pork exports are on a pace ahead of last year’s record volume. More volume at higher prices defines increased demand for U.S. red meat. A...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

livestock

Livestock Round Up: Cattle Inventory Report

USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.  This year showed the seventh consecutive ann...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

livestock

Livestock Round Up: Cattle Inventory Report

USDA’s semi-annual cattle report was issued today. The inventory of all cattle and calves in the U.S. as of 1 January was 86,155,300 head, slightly below—or about 316,900 head fewer than—the 86,472,200 head on 1 January 2025.  This year showed the seventh consecutive ann...

livestock

Cracking the Egg Price Mystery

Egg prices have been through a volatile 18 months, rallying sharply in LH 2024 and into early 2025 as bird flu decimated the U.S. layer flock. In early 2025, the U.S. layer flock for table eggs specifically fell to at least a 10-year low, at 286.4 million birds, down about 16 percent from the 2...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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